EU stocks head north

On Monday, European equities rallied because signs of a receding US-China trade clash spurred mining as well as technology equities.

Miners backed the market. The basic resources sector SXPP tacked on by 0.3%, while construction and materials SXOP soared by 0.4%.

Besides this, London copper rallied after US leader told that he might not slap more deities on Chinese products, although profits were capped in the face of tensions between the two leading economies at a regional AEPC summit.

The European STOXX 600 started up 0.6%, although flagged quickly to rally by 0.2% following three losing marathons in a row.

The DAX headed south in Germany, while the CAC 40 stood still in France because Renault equities affected the index.